DTY

GB00BRB37M78

Personal Services

Delayed London S.E. Other stock markets 11:35:29 2023-05-24 am EDT			5-day change	1st Jan Change
549 ^GBX	-0.54%		-.--%	-.--%

2023	Dignity Delists from London Bourse Amid Castelnau Consortium Takeover	MT
2023	Dignity Announces the Appointment Darren Ogden as Chief Financial Officer	CI

Dignity shares to be cancelled next month as buyout edges closer

April 24, 2023 at 03:32 pm EDT

(Alliance News) - Dignity PLC's suitors will move to cancel the funeral services provider's London listing as a takeover bid is now unconditional.

Valderrama Ltd, jointly-owned by SPWOne V Ltd, Castelnau Group Ltd and Phoenix Asset Management Partners Ltd, has acquired or agreed to acquire 75% worth of shares in Dignity.

Dignity in January agreed to a takeover which values the company at GBP281 million, with an implied enterprise value of around GBP789 million.

Dignity shares are expected to be cancelled from trading on May 25.

Shares in the company closed 0.1% lower at 549.61 pence each in London on Monday, giving it a market capitalisation of GBP275.5 million.

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	DIGNITY GROUP HOLDINGS LIMITED	549 GBX	-0.54%	-.--%	344M
	CASTELNAU GROUP LIMITED	78 GBX	0.00%	-2.50%	310M

Latest news about DIGNITY GROUP HOLDINGS LIMITED

Dignity Delists from London Bourse Amid Castelnau Consortium Takeover	23-05-25	MT
Dignity Announces the Appointment Darren Ogden as Chief Financial Officer	23-05-25	CI
Dignity plc Announces Board Changes	23-05-25	CI
De La Rue names Mothercare chair Clive Whiley as chair	23-05-18	AN
Petrofac JV wins USD1.5 billion contract	23-05-18	AN
BT shares fall as announces 55,000 jobs to be cut	23-05-18	AN
Royal Mail parent suffers loss; Burberry sees growth	23-05-18	AN
Royal Mail parent suffers loss; Burberry sees growth	23-05-18	AN
Castelnau Raises GBP56.6 Million in Share Placement	23-05-05	MT
Dignity plc(LSE:DTY) dropped from FTSE All-Share Index	23-05-05	CI
Dignity plc(LSE:DTY) dropped from S&P Global BMI Index	23-05-04	CI
A consortium comprised of SPWOne V Limited, Castelnau Group Limited (LSE : CGL) and Phoenix Asset Management Partners Ltd. completed the acquisition of a 70.92% stake in Dignity plc (LSE : DTY) from Artemis Strategic Assets Fund, Artemis Alpha Trust plc (LSE : ATS), managed by Artemis Investment Management LLP, Ravenscroft Group Ltd., Kate Davidson MBE and others.	23-05-02	CI
Dignity plc Auditor Raises 'Going Concern' Doubt	23-04-26	CI
Dignity shares to be cancelled next month as buyout edges closer	23-04-24	AN
Dignity to Delist from London Bourse After Castelnau Consortium's Offer Becomes Unconditional	23-04-24	MT
Deepverge reviews funding, proposes Microsaic deal	23-04-19	AN
Anexo announces proceedings issued against Mercedes	23-04-14	AN
Planned takeover of Dignity clears UK FCA control condition	23-04-06	AN
Castelnau-led Group Resumes Takeover Offer Timetable for UK-based Dignity	23-04-06	MT
Dignity appoints Angela Eames as interim CFO	23-04-05	AN
Dignity plc Announces Management Changes	23-04-05	CI
Dignity plc Announces Interim CFO Changes	23-04-05	CI
FTSE 100 Finishes Friday Up, Ending Quarter on Bright Note	23-03-31	DJ
Dignity swings to loss; Restaurant Group loss widens	23-03-31	AN
UK GDP Growth in 4Q Encourages But Still 'Feeble'	23-03-31	DJ

Chart DIGNITY GROUP HOLDINGS LIMITED

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Dignity plc is a United Kingdom-based provider of end-of-life services and funeral plans. The Company operates through three segments: funeral services, crematoria and pre-arranged funeral plans. The Company's funeral services relate to the provision of funerals and ancillary items, such as memorials and floral tributes. Its crematoria segment provides services related to cremation services and the sale of memorials and burial plots at the Dignity crematoria and cemeteries. Its pre-arranged funeral plans segment is engaged in the sale of funerals in advance to clients wishing to make their own funeral arrangements. The Company operates a network of approximately 725 funeral branches, 46 crematoria and 28 cemeteries across the United Kingdom.

Sector

Personal Services

Calendar

2024-05-12 - Q1 2024 Earnings Release (Projected)

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Sector Funeral Services

	1st Jan change	Capi.
DIGNITY GROUP HOLDINGS LIMITED	-.--%	344M
FU SHOU YUAN INTERNATIONAL GROUP LIMITED	-0.94%	1.52B
LUNGYEN LIFE SERVICE CORPORATION	+5.97%	549M
PROPEL FUNERAL PARTNERS LIMITED	+3.10%	478M
PARK LAWN CORPORATION	-15.30%	415M
CARRIAGE SERVICES, INC.	-0.36%	378M
SAN HOLDINGS, INC.	-2.34%	141M
HEIAN CEREMONY SERVICE CO.,LTD.	+11.69%	67.24M
KIZUNA HOLDINGS CORP.	-2.88%	66.7M
TEAR CORPORATION	-1.75%	64.35M

Funeral Services

DIGNITY GROUP HOLDINGS LIMITED

Equities

DTY

GB00BRB37M78

Personal Services

Dignity shares to be cancelled next month as buyout edges closer

Stocks mentioned in the article

Latest news about DIGNITY GROUP HOLDINGS LIMITED

Chart DIGNITY GROUP HOLDINGS LIMITED

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Income Statement Evolution

Sector Funeral Services